v3.26.1
Consolidated Statements of Cash Flows - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2025
Sep. 30, 2025
Sep. 30, 2024
Operating activities:          
Net loss $ (19,426,273) $ (1,536,249)   $ (4,890,555) $ (8,972,735)
Gain from discontinued operations       (3,206,078)
Adjustments to reconcile net loss to net cash used in operating activities:          
Fair value variation 17,502,596 $ 17,502,596 (2,024,465) 82,844
Loss on acquisition       20,210
Depreciation and amortization 1,683 7,771   81,456 190,548
Noncash lease expense (8,411) 41,349   117,593 481,752
Stock compensation expenses       641,879
Stock option expense       (62,308)
Allowance for credit loss       2,098 3,450,141
Loss from investment   1,092,169
Property and equipment asset impairment       203,973
Goodwill impairment       1,859,184
Inventory write-down       902,776 815,498
Interest income, net       7,583
Forgiveness of loan payable and other payables       (404,669) (1,847)
Accrued interest       22,400
Common Stock compensation 1,163,976 523,680      
Change in operating assets and liabilities:          
Accounts receivable (1,330,702)   (40,758) 499,582
Inventories 11,893,161 (60,272)   (8,248,213) (3,775,210)
Prepaid expenses and other current assets 3,180,122 91,487   (4,501,022) 23,041
Other receivables - related party (116,257)   (92,457)
Other assets (24,456,951)   7,060
Accounts payable 943,901 (420,136)   (451,403) 426,302
Other payables-related party 983,180   203,975 7,500
Deferred income       (379,795)
Accrued Interest 5,600      
Lease liability – operating lease 687 (42,659)   (126,146) (277,467)
Accrued expenses and other current liabilities 1,135,770 56,248   (665,876) (583,233)
Net cash used in operating activities (8,527,918) (1,338,781)   (17,593,993) (9,970,680)
Discontinued Operations*:          
Losses caused by the termination of business [1]       (433,566)
Interest income [1]       25,495
Depreciation from discontinued operations [1]       3,728
Changes in operating assets and liabilities [1]       277,241
Net cash used in discontinued business operations [1]       (127,102)
Investing activities:          
Purchase of equipment       (319,843)
Proceeds from disposal of equipment       10,736
Cash received from the acquisition of subsidiaries       11,629
Acquisition of subsidiary       (200)
Net cash provided by/(used in) investing activities       22,365 (320,043)
Financing activities:          
Repayment of loans (1,486,996)   (95,671) (4,753)
Proceed of loans       1,919,961
Repayment of finance lease       (26,048)
Proceeds from issuance of convertible note 678,308   10,144,186 1,620,000
Proceeds from issuance of Common Stock, exercise of stock options 8,453,075 2,000,000      
Proceeds from issuance of convertible notes-related party       3,693,041 300,000
Proceeds from issuance of common stock, ATM offering       1,277,113
Proceeds from private placement       3,505,984 4,499,999
Net cash provided by financing activities 8,453,075 1,191,312   17,247,540 9,586,272
Effect of foreign exchange on cash (17,088) (192,038)   (2,847) 312,906
Net change in cash (91,931) (339,507)   (326,935) (518,647)
Cash, beginning of period 137,287 464,222 124,715 464,222 982,869
Cash, end of period 45,356 124,715 $ 45,356 137,287 464,222
Supplemental disclosure of cash flow information:          
Cash paid for interest   1,961
Cash paid for taxes  
Share issuance for Bitcoin       $ 37,025,000
[1] On June 7, 2024, the Company sold (i) NuZee Korea Ltd., a company incorporated in Korea, and (ii) NuZee Investment Co., Ltd., a company incorporated in Japan, each of which was a wholly owned subsidiary of the Company.